Latvia - Sleeping Bags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSleeping Bag Price in Latvia - 2023
Contents:
- Sleeping Bag Price in Latvia (CIF) - 2022
- Sleeping Bag Price in Latvia (FOB) - 2022
- Sleeping Bag Imports in Latvia
- Sleeping Bag Exports in Latvia
Sleeping Bag Price in Latvia (CIF) - 2022
The average sleeping bag import price stood at $30 per unit in 2022, surging by 14% against the previous year. Over the period under review, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 54% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($98 per unit), while the price for Finland ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sleeping Bag Price in Latvia (FOB) - 2022
In 2022, the average sleeping bag export price amounted to $23 per unit, rising by 12% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($109 per unit), while the average price for exports to Belarus ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sleeping Bag Imports in Latvia
Sleeping bag imports into Latvia rose to 28K units in 2022, with an increase of 2.9% on 2021 figures. In general, imports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, imports attained the maximum at 30K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, sleeping bag imports skyrocketed to $840K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Sleeping Bag in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 16.4 | 9.5 | 21.1 | 218 | 136.9% |
| Lithuania | 85.7 | 88.6 | 141 | 165 | 24.4% |
| China | 104 | 138 | 207 | 119 | 4.6% |
| Poland | 31.0 | 29.9 | 55.9 | 99.9 | 47.7% |
| Czech Republic | 33.7 | 19.1 | 21.5 | 66.8 | 25.6% |
| Germany | 31.3 | 13.8 | 19.6 | 49.4 | 16.4% |
| Finland | 0.7 | 3.1 | 1.0 | 39.7 | 284.2% |
| Netherlands | 38.9 | 85.9 | 25.2 | 36.3 | -2.3% |
| United Kingdom | 296 | 137 | 201 | 0.2 | -91.2% |
| Others | 8.0 | 15.6 | 22.8 | 46.7 | 80.1% |
| Total | 646 | 541 | 716 | 840 | 9.1% |
Top Suppliers of Sleeping Bag to Latvia in 2022:
- Estonia (10.6K units)
- China (5.9K units)
- Lithuania (4.0K units)
- Poland (2.2K units)
- Finland (2.0K units)
- Germany (1.1K units)
- Czech Republic (1.0K units)
- Netherlands (0.8K units)
Sleeping Bag Exports in Latvia
In 2022, the amount of sleeping bags exported from Latvia expanded remarkably to 6.5K units, picking up by 6.2% on the previous year's figure. Overall, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 6.8% against the previous year. The exports peaked at 8.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sleeping bag exports soared to $149K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Sleeping Bag in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 32.7 | 38.2 | 38.8 | 62.3 | 24.0% |
| Estonia | 50.8 | 45.6 | 41.1 | 46.4 | -3.0% |
| Russia | 2.5 | 0.3 | 22.2 | 25.3 | 116.3% |
| Denmark | 6.2 | 2.7 | 16.2 | 3.5 | -17.4% |
| Belarus | 7.1 | 2.4 | 1.6 | N/A | -52.5% |
| Others | 1.4 | 1.7 | 5.5 | 11.1 | 99.4% |
| Total | 101 | 90.8 | 125 | 149 | 13.8% |
Top Export Markets for Sleeping Bag from Latvia in 2022:
- Lithuania (3.4K units)
- Estonia (2.5K units)
- Denmark (0.2K units)
- Russia (0.2K units)
This report provides an in-depth analysis of the sleeping bag market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13922430 - Sleeping bags
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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